Narendra Modi

Narendra Damodardas Modi is the fourteenth Prime Minister of India, who took office on May 26, 2014. Before assuming office as the Prime Minister of India, he served Gujarat as its longest-serving chief minister. He was elected as the chief minister of Gujarat in 2001 and has held the office for three terms successively. He is credited with turning around Gujarat's economy and making it an attractive investment destination for industrialists.

With a view to transform India into a global manufacturing hub, Prime Minister Narendra Modi took the initiative of launching the 'Make in India' campaign on September 2014. This initiative is motivated towards encouraging both multi-national and national firms to manufacture their products in India. His government took another large-scale initiative to bring the rural population in the fold of banking system through Jan Dhan Yojana. It provides access to financial services like banking and deposit accounts, insurance and pension in an affordable manner to all. On November 8, 2016, in a surprise announcement, he took a decision to ban higher denomination currency notes (Rs 500 and Rs 1,000) to weed out black money and end corruption.

PM Modi will meet United States President Donald Trump for the first time on June 26, 2017, to form a new direction for deeper bilateral engagement and consolidation of multi-dimensional strategic partnership between the two countries. modi description

German auto parts maker Schaeffler is betting big on Indian commercial vehicle market, aiming to increase segment contribution to 10% of the total revenue. It will invest Rs 400 crore this year towards setting up R&D centre and expanding capacity. The company will also make India R&D hub for mechatronics and software.

The Gala Time It was a glittering evening anon after the newly anointed Narendra Modi government had taken its rein to thundering start. Here in New Delhi, at a lavish corporate shindig, there was ubiquitous buoyancy and sanguineness for the new dawn. The chutzpah among the overweening Indian auto industry magnates was epochal and amaranthine. And it did not look out of place at all. It was time to celebrate escape from an overtly unpopular five-year long period of lull, inaction and morbidity Read more..

Dheeraj Hinduja, chairman at India’s second largest truck maker Ashok Leyland, prefers a low profile, but with managing director Vinod Dasari leaving at the end of the month, he says he’s become more “hands-on”.